"The iShares Semiconductor ETF ( NASDAQ:SOXX) has given investors exposure to semiconductor stocks before AI turbocharged its growth. The fund has soared by more than 150% over the past five years and is heavily concentrated in chipmaking giants. Advanced Micro Devices ( NASDAQ:AMD), Broadcom ( NASDAQ:AVGO), and Nvidia ( NASDAQ:NVDA) make up more than one-quarter of the fund's total assets. Its top 10 holdings make up 60% of the entire portfolio, and SOXX only has 34 holdings. It isn't as diversified as large benchmarks like the S&P 500, but that lack of portfolio diversification has helped it outperform many indices."
"The CoinShares Bitcoin Mining ETF (NASDAQ:WGMI) is a new ETF that came out in 2022, but it has almost doubled year-to-date as Bitcoin mining stocks become more popular. Many Bitcoin miners are pivoting to artificial intelligence and are uniquely positioned for the power supply shortage. Several Bitcoin miners have signed multi-year, multibillion dollar deals with tech giants while having the capacity to support additional deals."
AI-driven market demand has propelled certain ETFs to new highs, with AI-focused funds outperforming broader benchmarks year-to-date and positioned for continued growth. The iShares Semiconductor ETF (SOXX) has gained over 150% in five years and concentrates holdings in major chipmakers such as AMD, Broadcom, and Nvidia; its top 10 holdings represent 60% of assets across only 34 positions, and it charges a 0.34% expense ratio with a 0.40% SEC yield. The CoinShares Bitcoin Mining ETF (WGMI) launched in 2022 and has nearly doubled year-to-date as miners pivot toward AI, secure large tech contracts, and concentrate assets in a few dominant holdings.
Read at 24/7 Wall St.
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